Victory Growth and Tax Strategy Fund (USBLX)
| Fund Assets | 858.32M |
| Expense Ratio | 0.51% |
| Min. Investment | $3,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 2.08% |
| Dividend Growth | 29.17% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 16, 2026 |
| Previous Close | 30.74 |
| YTD Return | 2.49% |
| 1-Year Return | 21.94% |
| 5-Year Return | 34.60% |
| 52-Week Low | 25.90 |
| 52-Week High | 30.78 |
| Beta (5Y) | 0.67 |
| Holdings | 798 |
| Inception Date | Jan 11, 1989 |
About USBLX
Victory Growth and Tax Strategy Fund is a balanced mutual fund designed to offer a conservative blend of income and long-term capital appreciation. Its primary function is to provide investors with income that is largely exempt from federal income tax, while also delivering growth potential through a diversified allocation to large, established blue chip stocks. The fund typically allocates 50% to 70% of assets to tax-exempt municipal bonds and money market instruments, with the remaining 30% to 50% invested in equities, targeting stability and tax efficiency. Notable equity holdings include leading technology and consumer companies such as Apple, Microsoft, and Amazon, while the fixed income portion emphasizes high-quality municipal bonds with minimal exposure to the alternative minimum tax. Managed by a team of experienced portfolio managers, the fund seeks to minimize the impact of taxes for shareholders, making it relevant for investors interested in balancing after-tax income and capital preservation. With a history dating back to 1989, the fund occupies a distinctive role in the market for its tax-advantaged income and moderate risk profile, appealing to individuals focused on both growth and income within a single, professionally managed vehicle.
Performance
USBLX had a total return of 21.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.97%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSCNX | Fidelity | Fidelity Advisor Asset Manager 60% - Class C | 1.69% |
| FFTMX | Fidelity | Fidelity Advisor Asset Manager 50% - Class M | 1.08% |
| FSATX | Fidelity | Fidelity Advisor Asset Manager 60% - Class M | 1.19% |
| SWCGX | Schwab | Schwab MarketTrack Conservative Portfolio™ | 0.49% |
| SWBGX | Schwab | Schwab MarketTrack Balanced Portfolio™ | 0.48% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
17.57% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 3.59% |
| Apple Inc. | AAPL | 3.01% |
| Microsoft Corporation | MSFT | 2.31% |
| Amazon.com, Inc. | AMZN | 1.61% |
| Alphabet Inc. | GOOGL | 1.42% |
| Alphabet Inc. | GOOG | 1.24% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.85% | NY.NYCUTL 06.15.2033 | 1.23% |
| Broadcom Inc. | AVGO | 1.18% |
| Cash | n/a | 1.01% |
| Meta Platforms, Inc. | META | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 16, 2026 | $0.16314 | Mar 17, 2026 |
| Dec 18, 2025 | $0.1588 | Dec 19, 2025 |
| Sep 15, 2025 | $0.15974 | Sep 16, 2025 |
| Jun 16, 2025 | $0.15892 | Jun 17, 2025 |
| Mar 17, 2025 | $0.11276 | Mar 18, 2025 |
| Dec 18, 2024 | $0.10075 | Dec 19, 2024 |